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Investcorp Credit Management BDC, Inc. Registered (ICMB)
NASDAQ:ICMB
Earnings Data
Report Date
May 18, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.04Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Q2 2026
Earnings Call Date:Feb 16, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presents a mixed picture: meaningful positives include a parent backstop commitment improving near-term liquidity, solid portfolio diversification, improved coverage metrics, modestly higher portfolio yield, and strong realized IRRs. Offsetting these positives are sequential declines in net investment income and NAV per share, an increase in nonaccruals, reduced portfolio fair value, distributions paid in excess of earnings, and weak deal flow with compressed spreads that limit attractive new investments. Management emphasizes caution, credit quality and parent support while remaining selective on deployments.Company Guidance
Parent Backstop Commitment Strengthens Liquidity
Investcorp Capital (affiliate) committed up to $65 million to backstop refinancing of the 4.78% notes due April 1, 2026, providing near-term liquidity and balance sheet flexibility; new coupon parameters disclosed as SOFR + 550 bps if used.
Portfolio Yield and Debt Characteristics
Weighted average yield on debt investments improved to 10.9% from 10.6% in the prior quarter (+0.3 percentage points), and 98.5% of the debt portfolio is floating rate, supporting sensitivity to higher short-term rates.
Coverage and Credit Metrics Improved Year-over-Year
Weighted average interest coverage ratio increased to 2.3x from 2.0x a year ago, and weighted average LTV remained approximately 41%; weighted average leverage declined to 4.6x from 4.8x sequentially (≈4.2% reduction).
Realizations with Strong IRRs
Realized two portfolio investments during the quarter generating total proceeds of $6.5 million with a combined IRR of ~12.7%; PureStar and One Call realized IRRs were ~11.5% and ~13.7%, respectively.
Portfolio Diversification and Concentration
Fair value portfolio of $196.1 million across 41 companies and 18 industries; average exposure to any single company is <3% of portfolio fair value, average company position ~$4.7 million (~2.5% of total).
Prudent Capital Structure and Liquidity Capacity
Gross leverage 1.75x (down from 1.77x) and net leverage 1.59x (vs 1.54 prior); cash of ~$11.6 million (including ~$7.8 million restricted) and $36.5 million of capacity available under the revolving credit facility.
Board-Declared Dividend
Board declared a quarterly distribution of $0.12 and a supplemental $0.02 per share (total $0.14), signaling intent to maintain distributions to shareholders.
High-Rated Asset Composition
Approximately 82% of assets at fair value are rated in the top two risk rating categories, indicating a portfolio skewed to higher-rated credits.
ICMB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ICMB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 16, 2026 | $3.08 | $3.08 | 0.00% |
Nov 13, 2025 | $2.49 | $2.61 | +4.82% |
Aug 12, 2025 | $2.44 | $2.46 | +0.82% |
May 13, 2025 | $2.44 | $2.55 | +4.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Investcorp Credit Management BDC, Inc. Registered (ICMB) report earnings?
Investcorp Credit Management BDC, Inc. Registered (ICMB) is schdueled to report earning on May 18, 2026, After Close (Confirmed).
What is Investcorp Credit Management BDC, Inc. Registered (ICMB) earnings time?
Investcorp Credit Management BDC, Inc. Registered (ICMB) earnings time is at May 18, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ICMB EPS forecast?
Currently, no data Available